South Korea: Age dependency ratio

(measure: percent; Source: The World Bank)
* indicates monthly or quarterly data series

South Korea: Dependent people as percent of the working age population

: For that indicator, we provide data for South Korea from 1960 to 2019. The average value for South Korea during that period was 55.07 percent with a minimum of 36.21 percent in 2014 and a maximum of 89.43 percent in 1962. The latest value from 2019 is 38.52 percent. For comparison, the world average in 2019 based on 187 countries is 58.60 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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The age dependency ratio for South Korea is calculated as follows: Age dependency = (people younger than 15 and older than 64) / (working age people ages 15-64). A higher value for South Korea and other countries means that employed people have to support more non-working people, either young or old.

Definition: Age dependency ratio is the ratio of dependents--people younger than 15 or older than 64--to the working-age population--those ages 15-64. Data are shown as the proportion of dependents per 100 working-age population.
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